The Daily Banner, Greencastle, Putnam County, 12 September 1966 — Page 4

National Window

By LYLE WILSON |y United Press International Spokesmen for the Johnson administration should resist that impulse to spoof the public, to bathe the sour facts in soothing syrup. It is not that they do not tell the truth. The trouble is that they do not tell all of it. Example: Treasury Secretary Henry H. Fowler was in the paper late last month with a sugary reference to the calamitous, unfavorable balance of U. S. trade with the remainder of the world. Fowler said that the Viet Nam war probably had foiled U. S. effort*- to achieve an equal or favorable international

trade balance. He added: “We look forward with confidence,” explaining that he expected the United States to move forward toward a proper balance, particularly after the strain of the Southeast Asian war is relieved. Fowler conceded that the United States had hoped and expected to achieve a favorable balance this year. If achievement of a favorable U. S. foreign trade balance is dependent in large part upon an end to the war in Southeast Asia, Fowler must be held in suspicion of a deliberate deception. His statement advances by implication the idea that this tough problem of international trade soon will be resolved. Soon? What nonsense! The facts of course, support the belief that the United States is stuck in Southeast Asia for years to come. At about the time Fowler was uttering some half trusts about the U. S. foreign trade balance, the dis-

PEACHY SUMMER DESSERT iflP

Summer meals, eaten indoors or outside, need to be easy to aerve and refreshing to eat Molded Tapioca Cream, made with quick-cooking tapioca, can be prepared easily in the morning. At serving time, unmold and serve with sweetened sliced peaches - ^ool and delicious.

r f egg whites % cup sugar

Molded Taotoea Cmchi

\

cup Minute Tapioca

cup sugar

teaspoon salt quart milk V

4

•Iks, slightly beaten „

ons unflavored

eggyoli

teaspoons

gelatin

% teaspoon vanilla

Sweetened sliced peaches

Beat egg whites until foamy. Gradually add % cup sugar and continue beating until mixture will form soft peaks. Mix tapioca, 34 cup sugar, the salt, milk, egg yolks, and gelatin in saucepan. Let stand 5 minutes. Cook over medium heat, stiiv ring constantly until mixture comes to a full boil and is slightly thickened—6 to 8 minutes. (Pudding thickens more as it cools.) Very slowly add the hot mixture to the beaten egg whites, stirring rapidly to blend well. Add vanilla. Cool about 20 minutes. Then stir to blend and pour into a 134-quart mold. Chill until firm. Unmold. Serve with sliced peaches. Makes 10 servings.

closure was being made in| Congress that another $5 million to $15 billion for the Asian war would need to be appropriated next year. Billions of those dollars will be spent in Asia, each contributing 100 cents more to the unfavorable balance of trade. War, foreign aid, big-spending American tourists who journey abroad—all of these contribute to the unfavorable balance. The Johnson-Humphrey administration appears to be helpless and unable to cope with this situation as the Kennedy-Johnson administration was helpless before it. The unfavorable balance continues as does the damaging drain on American gold stocks. The gold loss in July was $116 million, the largest monthly loss this year. France, as usual, was the largest taker of U. S. gold in July, about $100 million worth. We pay for our unfavorable trade balance in gold. Costly business! Charles de Gaulle’s France and other foreign nations ao cumulate U. S. dollars which flow out in the form of foreign aid, war spending and otherwise. The United States is committed to accepting all of these foreign held dollars in exchange for gold. U. S. gold stocks are being depleted at a rate which is beginning to frighten persons who pay any attention at all. When the U. S. dollar and the U. S. economy are shorn of all gold backing there will be big economic trouble in the world. Trouble will not be postponed or swept under the rug by phony assurances from Washington that “we look forward with confidence.” Look forward to what? If the trade balance depends on an end to the war In Southeast Asia, the balance probably is many years away. Too many years away, because the situation demands drastic corrective action now. Military spokesmen calculate the war’s end at up to 10 years hence. If the common man had any idea what the unfavorable trade balance is likely to do to him in the end, he would demand action. He would demand that the politicians come clean with the facts and move now to prevent disaster.

Urge Swift Action On Anti-Inflation Measure

Try an egg poacher to heat baby’s food. Each poacher section holds a small amount and all of the food Is steamed at once.

• •

MVfS YOU TIME • SAVES YOUJl BACK SAVES YOU STEPS • SAVES YOUR CLOTHES ENDS WEATHER WORRIES

* . '.iyftlM... BHH Mi

Gas dries for the cost of dried the "flameless way”. Wa/tz through Washday with a Gas Dryer from your appliance dealer or your Gas Company. INDIANA <3AS S WATER COMRAIMY. IIM O.

WASHINGTON UPI — The Johnson administration’s economic high command appears before congressional tax-writ-ers today to press for swift action of the President’s anti-in-lation measures. Treasury Secretary Henry H. Fowler, Commerce Secretary John T. Connor and Budget Director Charles L. Schultze were expected to urge the House Ways A Means Committee to approve temporary suspension of two tax breaks businessmen get for investing in new equipment and factories. The administration contends that the incentives, originally enacted to stimulate a lagging economy, are now helping to push up interest rates and to overheat a booming economy. The President’s plan to suspend for 16 months—from Sept. 1 to Jan. 1, 1968—the 7 per cent investment tax credit and the accelerated tax write-off for depreciation gained significant support Sunday from the Chase Manhattan Bank, second largest in the nation. Bank President David Rockefeller and board Chairman George Champion said that Johnson’s proposals—plus the four-month freeze on federal agency borrowing from private lenders announced during the weekend—should “contribute to a more settled atmosphere in financial markets.” They said the pressures leading to skyrocketing interest rates were “beyond the control of any individual lender,” but they should be “remedies by forceful and intelligent application of the policies announced by the President—augmented if necessary by an across-the-board increase in personal and corporate taxes to cover the ris-

ing costs of defense and civilian spending.” In his message to Congress proposing the suspensions last week, Johnson also urged the Federal Reserve Board and the nation’s banks to “cooperate with the President and the Congress to lower interest rates and to ease the inequitable burden of tight money.” The board’s response at the time was non-committal. “The federal reserve will continue to be alert to any easing of inflationary pressures in order that monetary policy can be adjusted accordingly,” it said.

Shooting Occurs Outside Tavern EVANSVILLE UPI—William H. Sanders, 24, Evansville, was held by Evansville police in connection with a Sunday morning shooting outside a westside tavern in which two persons were injured. I Ron Burke, 23, Evansville was in critical condition at Deaconness Hospital with a bullet wound in the throat. Tom Sisk, 21, Evansville, was treated ; and released for a bullet wound j in the right hand. Police said the shooting occurred after a fight, but no reason was given for the incident

The Daily Banner, GreencasMe, !nd ; ana Monday, September 12, 1966

rests with the judge. But any ruling by Platt contrary to that of the assessors is considered grounds for appeal to the East

African Supreme Court. Kinsey would face a death sentence if found guilty.

Woman Perishes In Home Fire INDIANAPOLIS UPI —Ellen P. Warmouth, 55, was killed early Sunday when she was trapped in an upstairs bedroom by a fire in her northside home. James Ely, 36, a neighbor said he woke up about 5 a. m. to answer the telephone and saw the Warmouth home ablaze, He managed to rescue the victim’s mother, Clara Warmouth, 91, but was unable to reach the other woman. Ely said he could hear the woman scream. Her body was found in a closet of the bedroom. Officials said the cause of the blaze in the two-story frame home had not been determined.

Traffic Toll (Continued from Page 1)

morning in a one-car accident four miles east of Batesville on Interstate 74 in Ripley County. Police said the car went off the road, struck a guard rail and rolled for about 300 feet throwing all occupants of the car from the vehicle. They said they had been unable to determine

who was driving the car.

In caring for household linens, pre-treat spots and stains before they have a chance to set. This is especially important for table linens, which are exposed to so many spills. Chlorine bleach can be used for washing white and colorfast pastels.

Peace Corpsman Found Innocent MWANZA, Tanzania UPI — U.S. Peace Corpsman William H. Kinsey was found innocent today of charges that he murdered his 23-year-old wife. The verdict was announced by two assessors who act as a jury in trials in Tanzania. It was subject, however, to the final approval of Judge Harold Platt. Kinsey was charged with beating to death his 23-year-old wife, Peverley, of Riverside, Conn., on March 27, near the remote village of Maswa where both were stationed as Peace Corps teachers. Kinsey maintained his wife of 18 months suffered fatal injuries in a fall from a 20-foot high boulder where they had been picnicking. Under Tanzanian law, a judge and two assessors heard Kinsey’s trial. The assessors — one American and the other African — make a recommendation to the judge. However, the final verdict

ranging from the magic of the Kennedy name to the chances for Republicans to capture tom key Democrat-held state

houses.

These elections, and an< th'i in Georgia Wednesday, nearly wind up the primary season. Only the Massachusetts and Washington primaries Sept. 20 and the Hawaii primarx Oct. 1 remain. Louisiana holds a runoff Sept. 24 and Georgia may do the same Sept. 28. Four states voting Tuesday are among those in which Republicans hope to displace Demorcratic governors. These are Arizona, Maryland. Minnesota

and Vermont.

In Georgia, the Republicans

Two other persons were i n ' have their best chance to win

jured in the accident. They were identified as Connie Dugle, 20, Newpoint, sister of the victim, and Everett Lee Burton, 25, j Greensburg. They were taken to

a Batesville hospital and then cratic nomina ti on for governor transferred to Good Samaritan They ^dude former Gov. Ellis Hospital in Cincinnati in serious Arnall Jameg H Gray neW8 .

condition.

the governorship since the Reconstruction years. The GOP candidate is Rep. Howard H (Bo) Calloway. Six candidates are competing for the Demo-

Dale R. Harshman, Jr., 21, R.R. 5, Decatur, was killed Sunday morning when his motorcycle collided head-on with a car driven by Joseph Straley, 50, Monroeville, on U.S. 224 east of Decatur. Walter Kipp, 33, Butler, was killed Saturday night in a cartrain crash at a New York Central crossing in his hometown. Police said blinker signals were in operation at the time of the accident. Ohio County recorded its first traffic fatality of the year early Saturday when Lloyd Noel, 25, R. R. 2, Vevay, died after a tu'ocar collision at a four-way stop intersection at Hartford.

paper publisher and former state chairman, and Lester G. Maddox, who won national attention when he closed his restaurant to avoid serving Negroes under the 1964 Civil

Rights Act.

In Wisconsin, the influence of the Kennedy name is a factor in a primary where most attention is focused on the Democrats. Pour Democrats are bidding for the right to face Republican Gov. Warren Knowles, an unopposed candidate for rs-

nomination.

BACKACHE&

TENSION

10 States Will Hold Primaries

Party primaries in 10 states vu.w.mb ... _ , , , , urine and by analgesic pain.relief. Get Tuesday Will settle local issues CYSTKX at druggists. Feel better last.

SECONDARY TO

KIDNEY IRRITATION

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